NT2574 : Demolition, St Andrew Square

taken 3 years ago, near to Edinburgh, Great Britain

Demolition, St Andrew Square
Demolition, St Andrew Square
Almost 2 months on from NT2574 : Demolition, St Andrew Square, and the hole is getting larger.
BCCI building and its Standard Life replacement
A long-disused office block at the southwest corner of St Andrew Square is being demolished. It was home to the Bank of Credit and Commerce International [BCCI], which failed spectacularly in 1991 with debts of 7billion, after investigations into its affairs showed widespread evidence of money-laundering, fraud and deceit. 30 UK councils lost deposits of 82m,of which the largest was the Western Isles Council, with 24m. As far as I know the building has been unused since then and 23 years after the bank's collapse the site is finally being redeveloped. Watch this space.
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Grid Square
NT2574, 1184 images   (more nearby )
Photographer
  (find more nearby)
Date Taken
Wednesday, 1 October, 2014   (more nearby)
Submitted
Thursday, 2 October, 2014
Geographical Context
Lowlands  City, Town centre  Construction, Development 
Place (from Tags)
Edinburgh 
Primary Subject of Photo
Demolition Site 
Subject Location
OSGB36: geotagged! NT 2556 7401 [10m precision]
WGS84: 55:57.1996N 3:11.6221W
Camera Location
OSGB36: geotagged! NT 2553 7404
View Direction
Southeast (about 135 degrees)
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Other Tags
St Andrew Square  Demolition  Then and Now 

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Image classification(about): Geograph
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